Join the UNDP Green Growth and Job Accelerator Project
The UNDP Green Growth and Job Accelerator Project, funded by the Danish-Arab Partnership Program supports established SMEs, including youth-led businesses, to accelerate their green
SMEs in Egypt
Law No. 152 of 2020 defines SMEs in Egypt based on annual turnover and capital. “Newly incorporated” enterprises are within their first two years, while “Entrepreneurship Projects” operate for less than seven years and involve innovation.
Focus on Youth Employment and Green Jobs
Our project targets youth employment and green jobs in the MENA region. Green enterprises promote sustainable development, like creating products from recycled materials. Businesses incorporating green components strive for green growth, such as using energy-efficient technologies to reduce carbon emissions.
The program offers several key components:
- Acceleration Program: Develop innovative green growth business cases and create jobs for young people.
- Financial Access Support: Improve access to financing instruments and stakeholders.
- Digital Learning: Utilize digitalization, IT, and e-commerce to grow businesses.
Participants gain access to the Green Growth Community and NextGenYouth platforms for brand enhancement and opportunities.
Strategic Support
While we don’t offer direct financial support, we provide strategic interventions like mentorship, workshops on financial strategy, and access to a network of investors and experts. Our focus is on refining business models, sharpening pitches, and forming valuable partnerships.
Application Process
Ensure your business license certificate, audited statement, and SME Profile are ready to upload. Your information will be kept confidential per The Egyptian Personal Data Protection Law No. 151 of 2020.
More information here.
